UHS Universal Health Services margins

Relative Growth: Rel. Growth: 87

Relative Strength: Rel. Strength: 47

Relative Valuation: Rel. Valuation: 96

Relative Profitability: Rel. Profitability: 72

Gross margin

43.8%

Operating margin

11.4%

EBITDA margin

15.5%

Net margin

8.4%

Current Universal Health Services reports a gross margin of 43.8%, an operating margin of 11.4%, an EBITDA margin of 15.5%, and a net margin of 8.4%. All measured margins increased year over year, led by gross margin with an increase of 1.8 percentage points.

UHS margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Universal Health Services's margins averaged 41.54% gross, 10.45% operating, 14.24% EBITDA, and 7.23% net. All four current margins are above their three-year averages.

UHS margin expansion

Year-over-year margin changes in percentage points

Gross margin expanded by 1.8 percentage points, operating margin by 0.4 percentage points, EBITDA margin by 0.9 percentage points, and net margin by 0.7 percentage points, led by gross margin with an increase of 1.8 percentage points.

Gross margin expansion

1.8pp

Operating margin expansion

0.4pp

EBITDA margin expansion

0.9pp

Net margin expansion

0.7pp

UHS Gross margin

The average gross margin for Universal Health Services was 41.54% in the last 3 years. Against its three-year average, Universal Health Services's gross margin is currently 43.8%, 2.3 percentage points above its three-year average. The gross margin for Universal Health Services moved between 38.5% in Dec 2023 and 43.8% in Jun 2026.

UHS Operating margin

The average operating margin for Universal Health Services was 10.45% over the last 3 years. Universal Health Services's current operating margin is 11.4% and is 1 percentage points above its three-year average. The operating margin for Universal Health Services moved between 8.2% in Dec 2023 and 11.5% in Mar 2026.

UHS EBITDA margin

Universal Health Services's EBITDA margin averaged 14.24% in the last 3 years. Compared with its three-year average, Universal Health Services's current EBITDA margin is 15.5% and is 1.3 percentage points above its three-year average. Over the last 3 years, Universal Health Services's EBITDA margin peaked at 15.7% in Dec 2025 and reached a low of 12% in Dec 2023.

UHS Net margin

Over the last 3 years, the average net margin for Universal Health Services was 7.23%. The latest net margin for Universal Health Services is 8.4%, 1.2 percentage points above its three-year average. Universal Health Services's net margin ranged from a low of 5% in Dec 2023 to a high of 8.6% in Mar 2026.

UHS margin group comparison

Margins compared with peer-group, industry and sector averages

Universal Health Services's gross margin of 43.8% is higher than the industry average but lower than the Healthcare sector and its peers average. Looking at the Healthcare sector average of 68.4%, Universal Health Services's gross margin is 36% lower.

UHS margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Universal Health Services's gross margin?

The current gross margin for UHS is 43.8% as of Jun 30, 2026.

What is Universal Health Services's operating margin?

As of Jun 30, 2026, UHS has an operating margin of 11.4%.

What is Universal Health Services's EBITDA margin?

For the period ending Jun 30, 2026, UHS recorded an EBITDA margin of 15.5%.

What is Universal Health Services's net margin?

The current net margin for UHS is 8.4% as of Jun 30, 2026.

What are the average margins of UHS?

Over the past 3 years, UHS reported average margins of 41.5% gross, 10.5% operating, 14.2% EBITDA, and 7.2% net.

What are the highest historical margins of UHS?

Across the 5-year period, UHS posted its highest margins at 43.8% gross in Jun 2026, 11.5% operating in Mar 2026, 15.7% EBITDA in Dec 2025, and 8.6% net in Mar 2026.

What are the lowest historical margins of UHS?

Within the 5-year period, UHS recorded its lowest margins at 37.4% gross in Sep 2022, 7.5% operating in Dec 2022, 11.8% EBITDA in Sep 2023, and 4.8% net in Sep 2023.